Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
Trade global traditional assets with USDT in one place
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
Today is the 262nd day of my dynamic post, and I have not missed a single day. Each one is not perfunctory, but carefully prepared. [微笑] If you think I am a serious person, you can walk with me, and I hope the content of each day can help you. The world is big, and I am small. Follow me so it's not hard to find. [微笑][微笑]
Baozimen, Trump's tariff stick has finally come down, hitting Canada, Mexico, and China. Canada and Mexico have increased tariffs by 25% on the original basis. As for China, although it seems to have only increased by 10%, due to the different tariffs imposed by the United States on different products, and Trump has imposed tariffs twice, so if we average it out, the overall average tariff on China is 30%.
What is the real purpose of Trump imposing tariffs? Personally, I think Trump is not simply trying to bring manufacturing back to the United States through tariffs, as he knows this is not feasible. The real purpose should be to create an economic recession. Why create an economic recession? Because the Federal Reserve has not been cutting interest rates. So, without rate cuts, the interest rates on U.S. government borrowing remain high. Trump hopes that even a 1% reduction in these borrowing rates could save the U.S. government nearly $400 billion. If he can reduce $400 billion, he won't have to borrow more money and continue the cycle of borrowing to pay off old debts.
And now Trump has done a few things to promote the interest rate cut in the United States, Musk's efficiency department has also laid off a large number of people to create a recession, and then raise the prices of imported goods, which seems to promote inflation, but actually ultimately leads to an economic recession. After the recession, the Federal Reserve will cut interest rates, and as long as it cuts by one percentage point, it can save $400 billion in interest payments. In this way, the interest payments of $1.2 trillion can be reduced to $800 billion, so his difficulties are not great. So whether he drives away illegal immigrants, improves the content of the efficiency department's work, or imposes import tariffs, it is all to ultimately cause a recession in the United States and force the Federal Reserve to cut interest rates! This suddenly makes sense! What do you think!